Related

When Tesla Motors Inc (TSLA) went public in 2010, its story was similar to that of Alibaba Group Holding Ltd (BABA). The IPOs were oversubscribed, and high demand forced both firms to set prices above the initial ranges. In the case of Tesla, the shares were first expected at $14-16, but actually went for $17 apiece.

Tesla Motors Inc (NASDAQ:TSLA) stock looks poised for a comeback in 2015 after a sharp drop that saw shares of the Palo Alto-based automaker going under $200 this month for the first time in seven months, after selling for more than $280 just three months ago. Various auto analysts and experts are weighing in chances of a Tesla comeback in 2015. Bidness Etc analyzes the major factors that will be key stock price drivers for Tesla in the coming year.

Tesla Motors Inc., the electric-car maker, jumped after Morgan Stanley more than doubled its projected price for the stock to $320, saying the company’s bid to disrupt the auto industry may also affect electric utilities.
The shares advanced 10.09 percent to $239.60 at 9:37 a.m. New York time. Tesla, which last week forecast a more than 55 percent increase in deliveries of its Model S sedans this year, has risen more than sixfold in the past 12 months.

Tesla Motors Inc shares slumped 11% before the opening bell Wednesday after the electric car maker forecast a weaker-than-expected fourth-quarter profit and posted third-quarter Model S deliveries that disappointed some analysts.
Shares of the top seller of premium all-electric autos slid as low as US$156.60 after it reported quarterly vehicle sales that missed some estimates and lower revenue from regulatory credits.
Tesla shares had surged more than fivefold this year before today.

DETROIT: It's crunch time for Tesla Motors. The Silicon Valley automaker is losing more than $4,000 on every Model S electric sedan it sells, using its reckoning of operating losses, and it burned $359 million in cash last quarter in a bull market for luxury vehicles. The company on Wednesday cut its production targets for this year and next. Chief Executive Elon Musk said he's considering options to raise more capital, and didn't rule out selling more stock. Musk has taken investors on a thrill ride since taking Tesla public in 2010.

Italian luxury sportscar maker Ferrari NV filed with US regulators for an initial public offering of its common stock. The company is being spun off from Fiat Chrysler Automobiles NV . UBS Investment Bank, BofA Merrill Lynch and Santander are underwriting the IPO, the company said in a filing with the U.S. Securities and Exchange Commission on Thursday. The filing did not reveal how many shares the company planned to sell or their expected price. Ferrari intends to list its common stock on the New York Stock Exchange. The company set a nominal fundraising target of $100 million.

It was reported yesterday that Tesla Motors Inc. (TSLA) has announced that it will open up around 30 new sales and service locations in Europe, and plans to build up a sales network in new emerging markets in Asia.

Buoyed by plans to spin off Ferrari, Sergio Marchionne of Fiat Chrysler Automobiles NV has supplanted Tesla Motors Inc.’s Elon Musk as the chief executive officer with the car industry’s best-performing stock. Analyst skepticism is as high as the share price.

Electric-car maker Tesla Motors Inc said it expects to report a first-quarter profit on both a net and adjusted basis following stronger-than-expected sales of its Model S sedan, sending its shares soaring more than 19 percent in early trading on Monday.
Tesla also said it was dropping plans to produce a low-end version of the Model S due to lack of demand, and will focus instead on higher-margin editions of the car.